Business
PMGC Holdings Inc. [NASDAQ: ELAB] Reports Q1 2026 Results and Files Form 10-Q; Total Assets Reach Over $26.0 Million, Up 102% from Year-End 2025 and 193% Year-over-Year
NEWPORT BEACH, Calif., May 15, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (Nasdaq: ELAB) (“PMGC” or the “Company”), a diversified holding company, has filed its Quarterly Report on Form 10-Q (the “Quarterly Report”) for the three months ended March 31, 2026, with the U.S. Securities and Exchange Commission (“SEC”). The Quarterly Report is available on the SEC’s website at www.sec.gov under the Company’s filings. Q1 2026 was a quarter of meaningful balance sheet growth, driven by the Company’s f
About this update from Pmgc Holdings Inc.
[{"type":"image","alt":"PMGC Holdings Inc.","displaySize":"","headline":null,"caption":"PMGC Holdings Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":243,"url":"https://media.zenfs.com/en/globenewswire.com/546741842ddd656c130df2366fbdd9a7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3h0SJSUB0Ahuse6N.VnWfA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTM0MA--/https://media.zenfs.com/en/globenewswire.com/546741842ddd656c130df2366fbdd9a7","width":300,"height":243},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/3h0SJSUB0Ahuse6N.VnWfA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTM0MA--/https://media.zenfs.com/en/globenewswire.com/546741842ddd656c130df2366fbdd9a7","width":300,"height":243}},"lazy":false},{"type":"text","content":"NEWPORT BEACH, Calif., May 15, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (Nasdaq: ELAB) (“PMGC” or the “Company”), a diversified holding company, has filed its Quarterly Report on Form 10-Q (the “Quarterly Report”) for the three months ended March 31, 2026, with the U.S. Securities and Exchange Commission (“SEC”).","length":317,"tagName":"p"},{"type":"text","content":"The Quarterly Report is available on the SEC’s website at www.sec.gov under the Company’s filings.","length":98,"tagName":"p"},{"type":"text","content":"Q1 2026 was a quarter of meaningful balance sheet growth, driven by the Company’s financing and M&A activities, including the closing of the SVM Machining Inc. (“SVM”) acquisition. SVM is a Northern California-based precision machining and manufacturing services company serving medical, aerospace, biotech & pharmaceutical, semiconductor, and transportation markets.","length":375,"tagName":"p"},{"type":"text","content":"Balance Sheet Highlights","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total assets increased to approximately $26.0 million as of March 31, 2026, up 102% from approximately $12.87 million at year-end 2025 and up 193% year-over-year.","length":162,"tagName":"p"}]},{"val":[{"type":"text","content":"Shareholders’ equity grew to approximately $12.6 million, up 61% from approximately $7.84 million at year-end 2025 and up 55% year-over-year.","length":141,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash and cash equivalents ended the quarter at approximately $14.4 million, up from $5.4 million at year-end 2025 and repr...